Although nuclear power plants produce energy themselves, they rely...
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Dutch regulator to probe Roblox over risks to minors
The regulator said it will assess whether Roblox is taking adequate...
Trafigura wins $600 million nickel fraud lawsuit against businessman Gupta
Geneva-based Trafigura alleged Gupta was the mastermind of a...
Swiss bar’s owners face criminal negligence probe after fire
The fire, which may have been caused by sparklers igniting the club’s soundproofing insulation, killed at least 40 people and left 119 injured. The injured, many of them teenagers, were moved to hospitals in neighboring countries for intensive care and treatment as...
Investors face more geopolitical whiplash from Trump’s Venezuela gamble
President Donald Trump "The events are a reminder that geopolitical tensions continue to dominate the headlines and drive the markets.It is clear that the markets are having to cope with significantly more headline risk than they are accustomed to under the previous...
Trump’s Venezuela gambit tests investor appetite for geopolitical risk
“There should be broader geopolitical implications from this event, but in my view, the financial markets are not very efficient in pricing such risks accurately,” said Tai Hui, chief market strategist for Asia-Pacific at J.P. Morgan Asset Management Markets may have...
Global reinsurer capital reach a new high of $760 billion by September 30, 2025: AoN
Insurers were able to achieve significant decreases in pricing and improved terms at renewal.Competition was particularly fierce in the U.S. property catastrophe market, with preferred risks typically achieving strong double-digit rate reductions at 1/1.Property...
Greg Case gets extension as Aon CEO till Dec 2030
According to a filing with the U.S. Securities and Exchange Commission,Case’s annual base salary will increase to $1,750,000. DUBLIN: Aon plc, a leading global professional services firm, today announced its Board of Directors approved an extension of President and...
Jan1 Renewals:Most areas of market record price decreases, Conditions expected to persist into 2026, says Howden
This backdrop brings opportunities across the value chain. Buyers are benefitting from rate reductions and improved terms as supply exceeds demand in most areas whilst underwriting performance remains strong, delivering healthy profits and returns on capital.Buyers...
2025-one of 3 hottest years on record
WWA(World Weather Attribution) scientists identified 157 extreme weather events as most severe in 2025, meaning they met criteria such as causing more than 100 deaths, affecting more than half an area’s population or having a state of emergency declared. Of those,...
China plans to tighten AI rules, to ensure services are ethical, secure and transparent
According to the draft proposals, providers must conduct a security assessment and submit a report to the provincial cyberspace administration if they launch any human-like AI features. A report will also be required for services that gain 1 million registered users...
Autonomous Services:Uber Technologies and Lyft Inc. each teaming up with Baidu Inc. to trial driverless taxis in UK
Global robotaxi rollouts are accelerating, with Chinese companies such as Baidu and Weride Inc., and Alphabet Inc.’s Waymo leading the charge. Uber and Weride have launched driverless operations in Abu Dhabi, with plans to expand in the Middle East. Baidu is...
A year on, Jeju Air crash report delayed as families question probe’s credibility
“It feels like all kinds of doubts are just growing bigger and bigger. In the meantime, a year has gone by, and it feels like the frustration is only continuing to build,” said Ryu Kum-Ji, a 42-year-old woman who lost both of her parents in the crash. A South Korean...